"X" company paid the salaries to staff. Then what are the entry? Is debiting the employee A/c, or Salary A/c? If salary A/c debited, how we can find if "a" employee salary paid or not? If we debiting the employee A/c, how to find how much amount we paid for salaries?

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How many stock exchanges in India

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What is preferential order of payment to the following in the event of winding up a company? What is the correct order??? 1.Bank loan(secured) 2.Preference share capital 3.Debentures 4.Equity shares

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Recently while appraising a loan proposal I noticed that the company was a newly formed company. While allotting the capital among the share holders the shares were allotted at a huge premium. What is the reason for showing a huge premium?

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Two charities are setting up a joint fund raising operation. How do you account for this?

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what is contra entries defination and meaning and some example

3 Answers   Infosys,

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Sir, we have a machinery manufectred plant and now we want to ragistration in service tax what is the procedure for this pls help me in detal . we have ecc no. and tin no. already

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what mean by derivatives?

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I am forming a Pvt. Ltd. company with total 4 no. of directors including myself. I'll be providing all the financing via. initial capital investment + operating cost. We have mutually agreed to keep percentage as - 55% myself and 15% each of other 3 (15x3=45%) now my questions are : 1. What if one person backs out at any given point, what are implications and what would happen to his share of percentage ? 2. What should I do to keep a control on decisions and financial matters in case any of the directors cheats/wants to leave? (as my money will be on stake)

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What do you mean by Small Scale Industries, and what is the benefit of going to SSI, Pls explain in detail ??

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How can i make entry of tds on salary in tally

1 Answers   ABC,

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how to start a personal finance company that is not require RBI registration.

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